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Equipotentiality refers to a psychological theory in both neuropsychology and behaviorism. Karl Spencer Lashley defined equipotentiality as "The apparent capacity of any intact part of a functional brain to carry out… the [memory] functions which are lost by the destruction of [other parts]". [ 1 ]
Railway in Germany.. While others should get some credit for earlier work (e.g., Richard Cantillon, Etienne Bonnot de Condillac, David Hume, Sir James D. Steuart, and David Ricardo), it was not until the publication of Johann Heinrich von Thünen's first volume of Der Isolierte Staat in 1826 that location theory can be said to have really gotten underway.
Localization economies occur when an increase in the size of an industry in a city leads to an increase in productivity of a particular activity. [2] Alfred Marshall (1920) introduced the idea that the localization of industry can increase productivity in his book Principles of Economics.
Given the assumptions of the Hotelling model, consumers will choose either firm as long as the combined price and transportation cost of the product is less than the competitive firm. For example, if both firms sell the product at the same price P {\displaystyle P\,} , consumers in quadrants a {\displaystyle a\,} and b {\displaystyle b\,} will ...
The eclectic paradigm, also known as the OLI Model or OLI Framework (OLI stands for Ownership, Location, and Internalization), is a theory in economics. [ 1 ] [ 2 ] It is a further development of the internalization theory and published by John H. Dunning in 1979. [ 3 ]
The following examples provide an overview for various business model types that have been in discussion since the invention of term business model: Bricks and clicks business model Business model by which a company integrates both offline and online presences. One example of the bricks-and-clicks model is when a chain of stores allows the user ...
Enterprise modelling is the process of building models of whole or part of an enterprise with process models, data models, resource models and/or new ontologies etc. It is based on knowledge about the enterprise, previous models and/or reference models as well as domain ontologies using model representation languages. [3]
EPG Model is an international business model including three dimensions – ethnocentric, polycentric and geocentric. It has been introduced by Howard V. Perlmutter within the journal article "The Tortuous Evolution of Multinational Enterprises" in 1969. [ 1 ]